Exam Power: 11 May 2018 Today Current Affairs

Exam Power: 11 May 2018 Today Current Affairs
National Technology Day observed on 11 May
The National Technology Day was observed across India on May 11, 2018 to commemorate the anniversary of Pokhran nuclear tests of 1998. The day also marks India's scientific prowess and technological advancements.
• Every year the Union Ministry of Science and Technology celebrates National Technology Day on May 11. 

 The day is considered as a symbol of pursuit for technological creativity, scientific inquiry and the conversion of that pursuit in the integration of society, industry and science. 

• On the occasion, various events are organized in technical institutions as well as engineering colleges. Presentations, interactive sessions, quizzes, lectures and competitions are also held to mark the day. 

• The President of India also presents National Technology Award on the day to individuals as well as companies for their immense contribution to science.

• Technology and science ministers also come forward to celebrate the day by organizing various kinds of events for the development of science in the country.

Gujarat-Poland Sign MoU On Organizing Independence Centenary

The department of youth and cultural affairs of the Gujarat government will be co-organisers for the centenary celebrations to mark the independence of Poland in Delhi and other parts of the world.

A MoU was signed in this regard today between the Gujarat government and the Poland government.

The MoU was signed by Polish ambassador to India Adam Burakowski and principal secretary of youth and cultural affairs department V P Patel in presence of Chief Minister Vijay Rupani.

CM Pema Khandu Inaugurates Arunachal Pradesh's Biggest Solar Plant

Arunachal Pradesh Chief Minister Pema Khandu inaugurated the state’s biggest solar power plant at Energy Awareness Park in the presence of Power Minister Tamiyo Taga in Itanagar.

The plant, with a capacity of 1 MW, was commissioned on April 1 at an estimated investment of Rs 8.50 crore.
The officials of Arunachal Pradesh Energy Development Agency (APEDA) successfully implemented the project.

Flipkart co-founder Sachin Bansal quits after Walmart deal

Flipkart co-founder Sachin Bansal announced his exit from the company on May 9, 2018, hours after the news of American retailer Walmart acquiring Flipkart broke in the nation.

Bansal stated in a post on social media that it was time for him to hand over the baton and move on. Bansal’s decision comes after Walmart’s condition that it could accommodate only one of the Flipkart founders in the board.
Binny Bansal, on the other hand, will retain his 5.5 per cent stake in the company and remain Flipkart Group CEO. Kalyan Krishnamurthy will also continue as CEO of Flipkart.com.

SCO Tourism Ministers Conference Held In China

The Minister of State (I/C) for Tourism and Minister of State for Electronics and Information Technology, K. J. Alphons attended the Tourism Ministers’ conference by Shanghai Cooperation Organization (SCO) in Wuhan, China.

At the inaugural session, the Minister stated that India’s Tourism sector is fast growing and has got an emerging market for outbound travel and a tremendous potential for tourism co-operation with the SCO region.

Malaysia Gets Oldest Prime Minister In The World

Mahathir Mohamad was sworn in as Prime Minister of Malaysia.

He took the oath at the Istana Negara Palace in Kuala Lumpur.

Mahathir’s coalition, Pakatan Harapan, won 113 of the total 222 seats.

He has replaced Najib Razak.

His coalition defeated the governing Barisan Nasional coalition, led by Prime Minister Najib Razak, which has been in power for more than 60 years.  

Ninety-two-year-old, Mahathir becomes the oldest Prime Minister in the world.

Business Optimism Index: India Ranks 6th, Austria Tops

India was ranked 6th on Global Optimism Index released as part of Grant Thornton’s International Business Report (IBR) in the first quarter of 2018.

The report was prepared based on the results of a survey of 2,500 businesses in 37 economies.

India had topped the chart for four years.

The top five nations in the report are Austria, Finland, Indonesia, the Netherlands and the US.

China Launched Gaofen-5 To Monitor Air Pollution

China successfully launched a hyperspectral imaging satellite 'Gaofen-5' for comprehensive observation of the atmosphere, including air pollution which is one of the country's major problems.

The Gaofen-5 satellite was launched off the back of a Long March 4C rocket from the Taiyuan Satellite Launch Center.

It was the 274th flight mission by a Long March carrier rocket. It has a designed life of eight years. Gaofen-5 is the first China-developed satellite that can monitor air pollution. It can dynamically reflect the state of air pollution in China through the monitoring of air pollutants, greenhouse gases, and aerosols.

The Gaofen project began in 2010.

Sources : Indian Express, The Hindu, Economics Time, PIB, Business Standard, ANI

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